My WebLink
|
Help
|
About
|
Sign Out
Browse
200110903
LFImages
>
Deeds
>
Deeds By Year
>
2001
>
200110903
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/14/2011 11:36:56 AM
Creation date
10/20/2005 10:49:56 PM
Metadata
Fields
Template:
DEEDS
Inst Number
200110903
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
44
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
200110903 <br />SECTION 8.15. The Security Agreement and other Loan Documents. In the <br />event that a valid and enforceable security interest has been created in any of the Trust Property <br />under the terms of the Security Agreement (as defined in the Credit Agreement) and the terms of <br />the Security Agreement are inconsistent with the terms of this Deed of Trust, then with respect to <br />such Trust Property, the terms of the Security Agreement shall be controlling in the case of <br />Equipment and proceeds of insurance policies and the terms of this Deed of Trust shall be <br />controlling in all other cases. With respect to any other Loan Document, in the event of a <br />conflict between the provisions hereof and the provisions of such other Loan Document as they <br />relate to the Trust Property, the provisions of this Deed of Trust shall control. <br />SECTION 8.16. No Merger. The assignments by Grantor in favor of <br />Beneficiary herein contained and the obligations of Grantor hereunder to (i) maintain the <br />insurance required to be maintained by Grantor hereunder and to pay all premiums in respect <br />thereof, (ii) to pay all Impositions, (iii) Trustee and/or reimburse Beneficiary for all sums <br />expended by Trustee and/or Beneficiary pursuant to this Deed of Trust to protect the lien of this <br />Deed of Trust and to prevent waste to the Trust Property and (iv) to pay interest at the Default <br />Rate on the aforementioned sums from the date due until paid in full shall not be merged into any <br />judgment of foreclosure and shall survive any such judgment. <br />SECTION 8.17. WAIVER OF JURY TRIAL. GRANTOR AND <br />BENEFICIARY DO EACH HEREBY KNOWINGLY, VOLUNTARILY, <br />UNCONDITIONALLY, IRREVOCABLY AND INTENTIONALLY FOREVER WAIVE THE <br />RIGHT TO A TRIAL BY JURY IN EVERY JURISDICTION IN ANY ACTION, <br />PROCEEDING OR COUNTERCLAIM BROUGHT BY GRANTOR OR BENEFICIARY <br />AGAINST THE OTHER OR THEIR RESPECTIVE SUCCESSOR OR ASSIGNS IN RESPECT <br />OF ANY MATTER ARISING OUT OF, UNDER OR CONNECTED WITH (INCLUDING, <br />WITHOUT LIMITATION, ANY ACTION TO RESCIND OR CANCEL THIS DEED OF <br />TRUST OR THE OBLIGATIONS SECURED HEREBY, AND ANY CLAIMS ASSERTING <br />THAT THE NOTE OR THE LOAN SECURED HEREBY WAS FRAUDULENTLY <br />INDUCED OR OTHERWISE VOID OR VOIDABLE) IN ANY MANNER WHATSOEVER <br />THIS DEED OF TRUST, THE TRUST PROPERTY, OR ANY OF THE OTHER LOAN <br />DOCUMENTS, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS <br />(WHETHER VERBAL OR WRITTEN) OR ACTIONS OF ANY PERSON OR ANY <br />EXERCISE BY ANY PARTY OF THEIR RESPECTIVE RIGHTS UNDER THE LOAN <br />DOCUMENTS. THIS WAIVER OF THE RIGHT TO A JURY TRIAL IS A MATERIAL <br />INDUCEMENT FOR BENEFICIARY TO ADVANCE THE SUMS MAKE THE LOAN <br />SECURED HEREBY. <br />SECTION 8.18. Cross - Collateralization. Grantor acknowledges that the <br />Secured Obligations (in whole or in part) are secured by, among other things, this Deed of Trust <br />together with additional mortgages, deeds of trust or similar security instruments (together with <br />their respective documents securing or evidencing the Secured Obligations, the 'Additional <br />Mor(gages ") and encumbering additional properties as set forth on Schedule VII of the Credit <br />Agreement (the 'Additional Properties"). If an Event of Default shall then exist, or as otherwise <br />provided in the Loan Documents, Beneficiary and/or Trustee shall have the right to institute a <br />NYDOCS03/596673.1 30 HALL COUNTY, NEBRASKA <br />
The URL can be used to link to this page
Your browser does not support the video tag.